Citigroup chairman Michael O'Neill said he's "agnostic" about keeping chairman and chief executive officer as separate roles and directors will consider Mike Corbat to be his successor. ... Read full article
Double-digit consumer-loan growth more than offset a decline in commercial real estate loan balances. ... Read full article
The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected. ... Read full article
John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies. ... Read full article
A bombshell letter from a prominent senator and a court ruling criticizing credit unions’ interpretation of “field of membership” have bankers hopeful that Congress may finally be willing to examine the public-policy purpose of the Depression-era tax ... Read full article
The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic. ... Read full article
The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau. ... Read full article
JPMorgan Chase is sending signals that its homegrown blockchain, Quorum, is alive and well despite a recent shake-up. ... Read full article
The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves. ... Read full article
Financial institutions engaged in virtual currency markets face a number of risks — proceeding carefully is justified. ... Read full article
Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new ... Read full article
The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO. ... Read full article
If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term. ... Read full article
After nearly two years of sputtering commercial loan growth, regional bankers are counting more than ever on expanding their portfolios of personal loans and other types of consumer credit. ... Read full article
SunTrust let about eight weeks pass before telling the public that data tied to 1.5 million customers had been stolen. ... Read full article
The issues at Wells Fargo extend beyond the fines; Ally Financial's auto finance chief departs; ICBA chief Cam Fine signs off; and more from this week's most-read stories. ... Read full article
The regional bank's net income rose 37% thanks to those factors and others. ... Read full article
Several banks have reported digital service outages this year, but now there’s a detailed breakdown of one of them — and it shows that the damage goes far beyond reputation. ... Read full article
The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank. ... Read full article
The bank’s latest punishment would settle charges by the CFPB and the OCC; Staley did not act without integrity in trying to unmask a whistleblower. ... Read full article
